Mirae Asset Global Investments Co. Ltd. Acquires 3,627 Shares of Teledyne Technologies Incorporated $TDY

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 32.0% during the fourth quarter, HoldingsChannel reports. The firm owned 14,972 shares of the scientific and technical instruments company’s stock after buying an additional 3,627 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Teledyne Technologies were worth $7,647,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Personal CFO Solutions LLC boosted its position in shares of Teledyne Technologies by 2.0% during the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after purchasing an additional 16 shares in the last quarter. Modera Wealth Management LLC boosted its position in shares of Teledyne Technologies by 1.2% during the fourth quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after purchasing an additional 18 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of Teledyne Technologies by 3.2% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after purchasing an additional 20 shares in the last quarter. Cresset Asset Management LLC boosted its position in shares of Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares in the last quarter. Finally, Fiduciary Alliance LLC boosted its position in shares of Teledyne Technologies by 2.3% during the fourth quarter. Fiduciary Alliance LLC now owns 997 shares of the scientific and technical instruments company’s stock worth $509,000 after purchasing an additional 22 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Teledyne Technologies Price Performance

Shares of NYSE TDY opened at $645.38 on Tuesday. The firm has a market cap of $29.89 billion, a PE ratio of 34.13, a PEG ratio of 3.14 and a beta of 1.01. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 1-year low of $438.86 and a 1-year high of $693.38. The company has a fifty day moving average price of $646.69 and a 200 day moving average price of $579.90.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned $5.52 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Research analysts predict that Teledyne Technologies Incorporated will post 23.9 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TDY has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Jefferies Financial Group lifted their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Barclays lifted their price target on shares of Teledyne Technologies from $600.00 to $603.00 and gave the stock an “equal weight” rating in a research report on Monday, April 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Finally, Needham & Company LLC increased their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $666.25.

Insiders Place Their Bets

In related news, Director Michael T. Smith sold 2,469 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the transaction, the director directly owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the sale, the insider directly owned 51,025 shares in the company, valued at approximately $32,192,693. This represents a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 11,500 shares of company stock valued at $7,214,750. Company insiders own 1.36% of the company’s stock.

About Teledyne Technologies

Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.

The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.